Albuquerque, NM Retail Spaces for Lease
Find the best retail space for rent in Albuquerque, NM among 105 leasing opportunities for your business.
The asking rent average for retail space in Albuquerque, based on retail spaces listed for lease on CommercialCafe.com, is $16.51 per square foot.
NNN is the most common type of lease for retail buildings in Albuquerque, with 35 such listing(s) currently on the market. Other lease type options include 7 listing(s) available under Modified Gross lease terms.
You can find 193 retail listing(s) throughout Albuquerque. Given the various ways in which retail tenants might need to use leased space to promote their goods and services, this type of commercial real estate includes several specific varieties. Below, a summary of options of what type of retail spaces you can rent locally.
The market is home to 15 restaurant-type retail space(s) listed for lease.
Strip/convenience retail spaces are made up of a row of stores within the same building, generally with a parking lot nearby. They are popular with tenants looking for medium or small-sized retail spaces. Albuquerque has 7 strip/convenience retail space listing(s) for lease at this time.
Street retail is typically found in urban and suburban areas that have high foot traffic. It offers great visibility at sometimes more affordable rental rates, as well as flexibility in the layout and design of the space. Currently, you’ll find 1 street retail listing(s) for lease in Albuquerque.
The size of various retail spaces is largely determined by their main use type and the needs of the community they are servicing. The most common range for retail spaces in Albuquerque is 1,000 sqft to 2,500 sqft. Currently, you can find 103 retail listing(s) for lease here in that range.
The second most widely available retail space size options are more than 5,000 sqft, a range that currently applies to 46 retail listing(s) for lease on the market.
The success of a retail space tenancy can greatly depend on the quality of its location, the accessibility for staff and clients (preferably accessible through various means of transportation and to various groups of people), and its ability to meet the needs of the surrounding community.
In Albuquerque, Bel Air is the most popular neighborhood/submarket for retail space leasing opportunities, as it is currently home to 21 retail listing(s).
Clayton Heights - Lomas Del Cielo, home to 17 retail listing(s) for lease, is the second most popular area for businesses looking to rent commercial space. Asking prices for retail space in Clayton Heights - Lomas Del Cielo average $12 per square foot.
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